NOT LISTED FOR SALE

Estimated Value: $259,000 - $445,000

2 Beds
2 Baths
682 Sq Ft
$537/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $395,000 $579 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,292/month

10 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Living Room with Fireplace
  • Eat-In Kitchen
  • Deck
  • Ranch Style House
  • 3-minute walk to Billy Porter Courts and Lagoon Playground

About This Home

As of October 2024

Welcome to 2306 Murray, a house located on the water in quiet Venice Park Atlantic City. This fully furnished, Airbnb superstar sleeps up to 8 in what is a 2-bedroom 2-bathroom bungalow which was fully renovated top to bottom last year. When you drive up to the home, you'll see how special it is from the updated and well-appointed exterior. As you walk in this home, you'll be immediately impressed by the open layout, high-end finishes, beautiful custom kitchen with vaulted ceiling, stainless appliances and bonus room with sleeper off the back of the house overlooking the Bay. The sliders open up to 2 expansive decks which reach out to the sea wall providing additional outdoor living space to grill, eat, relax and enjoy the sea breeze. There is a private outdoor shower for added convenience, off street parking accommodating 2 vehicles and a fenced-in well-manicured yard. This bungalow has been operating as a highly successful short-term rental property with nearly a 5-star rating and many positive reviews. Financials are available. This bayside bungalow is truly a unique property on the water with amazing views of Atlantic City and a must see!! Owner financing is available.

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 08/09/2024

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III

BHHS FOX and ROACH-Margate III

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III

BHHS FOX and ROACH-Margate III

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 50x105
  • Property Fronts a Bay or Harbor

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House

Interior Spaces

  • Living Room with Fireplace
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Deck
  • Central Air

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Fireplace: Living Room
  • Flooring: Vinyl Plank
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Eat In Kitchen

Exterior Features

  • Outside Features: Deck, Paved Road, Sidewalks

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Bay Front, Water View
  • Lot Dimensions: 50x105
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Sep 27, 2024
Sold by
Morningside Properties Llc
Bought by
Rosenbaum Walter Hugh and Rosenbaum Ilene
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$395,000
Sold Price
$395,000
Views
30
Current Estimated Value
$365,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,100
Avg. Annual Appreciation
-6.28%
Original Mortgage
$316,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jun 17, 2021
Sold by
Bank Of America
Bought by
Morningside Properties Llc
Seller's Agent
Jessica Church
Century 21 Advantage Gold-Cherry Hill
Buyer's Agent
Todd Gordon
BHHS Fox & Roach-Margate
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.98%

Purchase Details

Listed on
Oct 21, 2020
Closed on
May 4, 2021
Sold by
Wyche Harvey L and Wyche Marie Y
Bought by
Bank Of America Na
Seller's Agent
Jessica Church
Century 21 Advantage Gold-Cherry Hill
Buyer's Agent
Todd Gordon
BHHS Fox & Roach-Margate
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Savoy Wordie E
Bought by
Wyche Harvey L and Wyche Marie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
7.26%

Purchase Details

Closed on
Sep 10, 1996
Sold by
Savoy Wordie E and Stewart Norma
Bought by
Savoy Wordie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
7.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rosenbaum Walter Hugh $395,000 Trident Land Transfer
Rosenbaum Walter Hugh $395,000 Trident Land Transfer
Morningside Properties Llc $90,000 Fourtune Title Agency Inc
Bank Of America Na $484,500 Mckeever Michael
Wyche Harvey L $95,000 Commonwealth Land Title Ins
Savoy Wordie E -- St George Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosenbaum Walter Hugh $316,000
Previous Owner Wyche Harvey L $69,000
Previous Owner Savoy Wordie E $71,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Sold $395,000 0.0% $579 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $395,000 +338.9% $579 / Sq Ft
06/22/2021 06/22/21 Sold $90,000 +5.9% $132 / Sq Ft View Prior Sale
02/19/2021 02/19/21 Pending -- -- --
02/05/2021 02/05/21 Price Changed $85,000 -32.0% $125 / Sq Ft
10/21/2020 10/21/20 For Sale $125,000 -- $183 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,398 $127,400 $71,500 $55,900
2024 $4,398 $127,400 $71,500 $55,900
2023 $4,812 $127,400 $71,500 $55,900
2022 $4,812 $127,400 $71,500 $55,900
2021 $4,970 $127,400 $71,500 $55,900
2020 $5,012 $127,400 $71,500 $55,900
2019 $4,805 $120,600 $50,000 $70,600
2018 $4,261 $120,600 $50,000 $70,600
2017 $6,500 $190,000 $140,000 $50,000
2016 $7,334 $190,000 $140,000 $50,000
2015 $6,502 $190,000 $140,000 $50,000
2014 $6,361 $190,000 $140,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 587905

South Jersey Shore Regional MLS

APN: 02-00702-0000-00005